Chevelle, Inc., has sales of $39,500, costs of $18,400, depreciation expense of $1,900, and interest expense of
Question:
Chevelle, Inc., has sales of $39,500, costs of $18,400, depreciation expense of $1,900, and interest expense of $1,400. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
Input area Sales 39500 Costs 18400 Depreciation Expense ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
The federal corporate income tax rate is 35 percent and firms may carry back losses for two years and carry forward losses for 20 years. The carry-back must occur before carry-forward. A corporation...
-
If the tax rate is 40 percent, compute the before tax real interest rate and the after-tax real interest rate in each of the following cases. a. The nominal interest rate is 10 percent, and the...
-
Assume that the tax rate is 35 percent. You can borrow at 8 percent before taxes. Should you lease or buy? You work for a nuclear research laboratory that is contemplating leasing a diagnostic...
-
Why is it so easy to develop and then retain racial prejudices? How can we break this mold?
-
A cylindrical pressure vessel with flat ends is subjected to a torque T and a bending moment M (see figure). The outer radius is 12.0 in. and the wall thickness is 1.0 in. The loads are as follows: T...
-
Give parametric equations and parameter intervals for the motion of a particle in the xy-plane. Identify the particles path by finding a Cartesian equation for it. Graph the Cartesian equation....
-
Consider the gasoline mileage performance data in Table B.3. a. Use the all-possible-regressions approach to find an appropriate regression model. b. Use stepwise regression to specify a subset...
-
The comparative balance sheet of Charles Inc. for December 31, 2014 and 2013, is shown as follows: Additional data obtained from an examination of the accounts in the ledger for 2014 are as follows:...
-
A function satisfies-+12 + (-11) (2) +(-11) +7 for all real numbers. There is exactly one real number a where we may use the squeeze theorem to compute the limi Find a and L f(x)-L
-
Every college student had the problem of selecting the college or university to attend. Was this a simple, intermediate, or complex problem for you? Explain.
-
The Anberlin Co. had $255,000 in 2011 taxable income. Using the rates from Table 2.3 in the chapter, calculate the companys 2011 incometaxes. TABLE 2.3 Taxable Income Tax Rate Corporate Tax Rates 0-...
-
Earnhardt Driving Schools 2010 balance sheet showed net fixed assets of $2.8 million, and the 2011 balance sheet showed net fixed assets of $3.6 million. The companys 2011 income statement showed a...
-
One of the GLOBAL APPLICATIONS describes certain local market conditions in India, particularly rural India. What adaptations should international marketers review when planning channel strategy in...
-
Monetary Policy and Money Markets a. Graph the demand and supply of money at equilibrium. Identify the area of excess supply of money and excess demand for money. b.Graph the impact of contractionary...
-
Question 5 (9 marks) Enterprise Value Cash Return on Capital Cost of Capital Trades in Company X $ 10 billion $ 700mil 10% 10% US Company Y $ 10 billion $ 700mil 5% 10% US Company Z $ 10 billion $...
-
14. A services marketer has discovered a problem that can be corrected through better employee training. Which of the 7 P's of the services marketing mix is this marketer dealing with? People Price...
-
How can you use your problem - solving skills to find a long - term solution when a financial crisis arises? a . ) Put off one's insurance payments for a couple of months until financial stability is...
-
What is the annual interest rate for an account that compounds monthly at a rate of 2.5%? A. OB. C. 2.10% OE. 2.50% 2.53% D. 2.55% 2.58%
-
The standard electrode potential of fluorine cannot be measured directly because F 2 reacts with water, displacing O 2 . Using thermodynamic data from Appendix D, obtain a value of E F2/F . TABLE D.1...
-
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
-
Verizon Communications Inc. reports the following pension and health care benefits footnote as part of its \(10-\mathrm{K}\) report. a. Describe what is meant by service cost and interest cost. b....
-
Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital, perhaps). What kind of goals do you think would be appropriate?
-
Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital, perhaps). What kind of goals do you think would be appropriate?
-
Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits.
-
Milligan's Backyard Storage Kits, a mail order company, sells a variety of backyard storage unit kits and landscaping decorations to its customers. Although the company makes a profit, David...
-
1. If you think about then Guest Services Essentials class, what do you believe to be the biggest change in your customer service practice? 2. Name and describe two customer service techniques to...
-
Packaging Waste & Recycling UK, 2013('000 tonnes) 2,260 Total Packaging Waste Total Recycled 4,000 3,868 3,459 3,000 2,339 2,000 1,639 1,029 1,000 806 714 462 436 23 0 0 Metal Glass Wood Paper...
Study smarter with the SolutionInn App